New York [US], April 19 (ANI/Sputnik): Crude oil prices fell 5 per cent on Tuesday amid a selloff in global commodity markets after the International Monetary Fund slashed its world growth forecasts for 2022 and 2023, citing runaway fuel and food costs and other challenges from the Russia-Uk
New Delhi [India], April 18 (ANI): India's inflation based on the Wholesale Price Index (WPI) surged to 14.55 per cent in March from 13.11 per cent recorded in the previous month on rising crude oil, natural gas, mineral oils and basic metals prices due to the disruptions caused by the Russi
Kabul [Afghanistan], April 9 (ANI): The Taliban have decided to extract crude oil from a key oil basin in the northern province of Afghanistan to increase local products, media reports said on Saturday.
Hyderabad (Telangana) [India], April 7 (ANI): In an open letter to the Central government, Telangana Minister KT Rama Rao has hit out at the rising fuel prices, accusing the Centre of acting as a "middleman" in buying the crude oil cheaply in the international market and selling at higher pr
Washington [US], April 7 (ANI/Sputnik): US crude oil inventories rose last week for the first time in three weeks while stockpiles of distillates, which provide the diesel for trucks, buses and trains and fuel for jets, climbed a second week in a row, data from the Energy Information Adminis
New York [US], April 5 (ANI/Sputnik): Oil prices jumped as much as 4%, returning US crude to above $100 per barrel, as more Western sanctions planned for Russia along with news of a hike in Saudi selling prices helped the market rebound from last week's worst sell-off in two years.
New Delhi [India], March 30 (ANI): India Ratings and Research (Ind-Ra) on Wednesday cut India's GDP growth forecast for the 2022-23 financial year to 7 - 7.2 per cent from its earlier estimate of 7.6 per cent announced in January.
Mumbai (Maharashtra) [India], March 29 (ANI): The Indian equities markets benchmark Sensex rose 164 points on Tuesday, as a nearly 8 per cent drop in Brent Crude oil prices boosted investors' sentiments.
New Delhi [India], March 28 (ANI): Amid the ongoing Ukraine-Russia conflict, the Central government clarified in the Rajya Sabha on Monday that its Oil Public Sector Undertakings, presently, do not have any contracts for the purchase of crude oil in Indian Rupees (INR) from Russia or any
New Delhi [India], March 26 (ANI): Retail price of petrol and diesel has been increased by Rs 3.2 per litre in the last five days. Prices are set to be raised further given the sharp jump in crude oil prices in the international markets. It will have a cascading impact on the prices of ot
New Delhi [India], March 22 (ANI): India's crude oil production dropped to 2272.26 thousand metric tonnes (TMT) in February, which is 2.19 per cent lower when compared with the corresponding period of the previous year and 5.6 per cent short of the official target, the government data showed
New Delhi [India], March 21 (ANI): Allaying fears of short supply of crude oil amid Russia-Ukraine conflict, Union Petroleum Minister Hardeep Singh Puri on Monday said that 60 per cent of India's crude oil needs are met from Gulf countries, and imports from Russia are minuscule and amount